Cost & Fees
Please refer to Item 7 of our Franchise Disclosure Document for a complete overview of our costs and fees pertaining to owning a FITOPIA Franchise
| TYPE OF EXPENDITURE | LOW AMOUNT | HIGH AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS MADE |
|---|---|---|---|---|---|
| Initial Franchise Fee | $50,000 | $50,000 | Lump-sum via Check or Wire | Upon Signing the Franchise Agreement | Us |
| Site Survey | $10,000 | $10,000 | Lump-sum via Check or Wire | Upon locating a Site | Us |
| Leasehold Improvements | $50,000 | $125,000 | As incurred | Before Beginning Operations | Lessor or Contractors |
| Real Estate/Rent | $3,000 | $8,000 | As incurred | Before Beginning Operations | Lessor |
| Utility Deposits | $100 | $1,000 | As incurred | Before Beginning Operations | Utilities |
| Furniture, Fixtures & Equipment | $5,000 | $20,000 | As incurred | Before Beginning Operations | Suppliers |
| Initial EMS Equipment | $74,700 | $74,700 | As incurred | Before Beginning Operations | Us |
| Insurance | $2,000 | $6,000 | As incurred | Before Beginning Operations | Insurance Companies |
| Signage | $5,000 | $15,000 | As incurred | Before Beginning Operations | Suppliers |
| Office Equipment & Supplies | $5,000 | $15,000 | As incurred | Before Beginning Operations | Suppliers |
| Computer Equipment (Hardware, Software, POS System, etc.) | $1,000 | $10,000 | As incurred | Before Beginning Operations | Suppliers |
| Pre-Opening Expenses | $10,000 | $20,000 | As incurred | Before Beginning Operations | Us and/or Suppliers |
| Training | $4,000 | $6,000 | As incurred | Before Beginning Operations | Airlines, Hotels, and other Suppliers |
| Licenses & Permits | $100 | $1,000 | As incurred | Before Beginning Operations | Licensing Authorities |
| Legal & Accounting | $1,000 | $5,000 | As incurred | Before Beginning Operations | Attorney, Accountant |
| Pre-Opening and Grand Opening Advertising | $20,000 | $40,000 | As incurred | Before opening and during the first 3 months of operation | Vendors |
| Additional Funds – three months | $20,000 | $50,000 | As incurred | As Necessary | Us, Vendors, Lessor, Etc. |
| TOTAL | $260,900 | $456,700 |
